Widge
153.5K posts
Mother Jones also endorsing Massie. This is like being endorsed by Pravda.
Trump says he’s doing the Iran war to “help” Israel, Saudi, Qatar, UAE, Kuwait, Bahrain, and other countries. Inconveniently, his inclusion of the latter five countries doesn’t fit very neatly with the cartoon narrative so many people love to peddle online
The jobs apocalypse is not yet here. But if governments wait for conclusive evidence before creating a safety-net, it will be too late. Register for free to understand why econ.st/3PHF3N8
IMO, one thing California is betting on is that when the chickens eventually do come home to roost, it will be bailed out by the Federal Government Because the state represents such a large percentage of the nation's GDP, food production, etc, it will say "We're too big to fail. You HAVE to bail us out." So with an assumed guaranteed backstop, California's leaders don't fear the consequences of their flawed policies. They'll appease their base in the immediate term and let the Federal bean counters clean up the mess later. Until & unless they feel vulnerable to being held accountable, I predict they'll just keep running the state into the ground.
The U.S. 30 year and 2 year yield have both broken out. This is the nightmare scenario we saw in 1968 and 1974 where the economy entered a recession, the market turn downward while yields doubled. Not a good way for Kevin Warsh to begin his Federal Reserve term.
Fertility peaked in 2007. 2026 is 18 years later, when this "baby bust" starts heading to college. Only the beginning, and ALL schools should prepare.
Reminder “The president wants lower rates… He and I are focused on the 10-year Treasury and what is the yield of that.” — Treasury Secretary Scott Bessent, 2/5/25. The 10-year yield at 4.60% is just 2 bps from the highest yield since Trump took office on Jan 20, 2025.
I have taken a close look at the "hush money" accusation against Rep. Thomas Massie, circulated by @LauraLoomer and others. Quite simply, there is nothing to it. There was no such payment and nothing to "hush" up. An ex-girlfriend had an employment dispute with a separate member of Congress. Her grievance is highly dubious, and anyway it has nothing to do with Massie. His enemies are peddling a vague insinuation in order to discredit him. You are welcome to disagree with Massie. I have had my own disagreements with him on the fallout from the Epstein Files. (Although otherwise I agree with him on probably 90% of issues.) But we should all be able to recognize a pathologically bad-faith political hit job. reason.com/2026/05/15/tho…
If you say the US has no interest in continuing war in Iran, and Trump is only doing it to serve Israel and the Gulf State tyrannies he loves and that enrich his family, you'll be called an anti-Semitic conspiracy theorist. But then Trump just comes out and says it himself:
Dear Kevin Warsh Later today, you will be sworn in as the next Chairman of the Federal Reserve. Congratulations. You got the job by convincing the President you share his vision that the Fed needs to cut rates. The problem is that today, on your first day as Chairman, the market is pricing in a 64% probability that rates will HIKE before the end of the year. Good luck!
